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Stavanger, 28 April, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), the following primary insiders in Noreco have today subscribed shares in Noreco at a price of 23.50 NOK per share.
 
Numbers of shares and their total share holding are listed in the table below.
 
Name                   Bought             New share holding
Scott Kerr            25 500             1 590 878
Lars Takla            30 000             1 461 436
Roger O`Neil        20 000                289 444
John Hogan          20 000                354 528

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